This site provides announcements from companies listed in the Bursa Malaysia stock market exchange. You can search and find all the past announcements of companies by searching within this site. While this blog provides an archive of announcements from the companies, it does not own the rights nor responsible for the accuracy of the announcements. You can use the contents here for reference purpose only.

BENALEC HOLDINGS BERHAD (BENALEC OR THE COMPANY) - ACQUISITION OF SHARE AND SUBSCRIPTION OF NEW SHARES IN GABUNGAN KHAS SDN. BHD. BY THE COMPANYS WHOLLY-OWNED SUBSIDIARY, BENALEC SDN. BHD.

1. INTRODUCTION

The Board of Directors of Benalec wishes to announce that Benalec Sdn. Bhd. (“BSB”), a wholly-owned subsidiary of the Company, has on 12 June 2015 acquired 1 ordinary share of RM1.00 each and subscribe 53,899 ordinary shares of RM1.00 each representing 49% of the total issued and paid-up share capital of Gabungan Khas Sdn. Bhd. (Company No. 1082987-X) (“GKSB”) (“GKSB Shares”), for a cash consideration of Ringgit Malaysia Fifty Three Thousand and Nine Hundred (RM53,900.00) only (“Acquisition and Subscription of GKSB Shares”). Upon the completion of the Acquisition and Subscription of GKSB Shares, GKSB will become a 49%-owned associate company of BSB and an indirect associate company of the Company and the Directors and Shareholders of GKSB are as follows:

i. The Directors of GKSB:

a) Bernard Boey Weng Onn

b) Rosly Bin Ahmad

c) Salehudin Bin Omar

ii. The Shareholders of GKSB:

Name of shareholders

Number of shares held in GKSB

%

Rosly Bin Ahmad

56,100

51%

BSB

53,900

49%

TOTAL

110,000

100%

2. INFORMATION ON BSB

BSB was incorporated on 29 April 1978 under the Companies Act, 1965 as a company limited by shares. As at to-date, the total issued and paid-up share capital of BSB is RM9,000,000.00 divided into 900,000 ordinary shares of RM10.00 each. BSB is principally engaged in marine construction and civil engineering.

3. INFORMATION ON GKSB

GKSB was incorporated on 3 March 2014 under the Companies Act, 1965 as a private company limited by shares. As at to-date, the total issued and paid-up share capital of GKSB is RM110,000.00 divided into 110,000 ordinary shares of RM1.00 each. The intended activity to be carried out by GKSB is to deal with port authorities and acting as liaising agent for clearance of vessels.

4. BASIS OF ARRIVING AT AND JUSTIFICATION FOR THE CONSIDERATION FOR THE ACQUISITION ANDSUBSCRIPTION OF GKSB SHARES

The cash consideration for the Acquisition and Subscription of GKSB Shares is arrived at based on the par value of the shares i.e. RM1.00 per share.

5. RATIONALE AND BENEFITS FOR THE ACQUISITION ANDSUBSCRIPTION OF GKSB SHARES

The Acquisition and Subscription of GKSB Shares is to deal with port authorities as liaising agent for clearance of vessels at the port.

6. EFFECTS OF THE ACQUISITION ANDSUBSCRIPTION OF GKSB SHARES

The Acquisition and Subscription of GKSB Shares is not expected to have any material effect on the earnings per share, gearing and net assets per share of Benalec Group for the financial year ending 30 June 2015 and have no effect on the share capital and substantial shareholders’ shareholdings of the Company.

7. APPROVALS REQUIRED

The Acquisition and Subscription of GKSB Shares is not subject to the approval of the shareholders of Benalec or any other relevant authorities.

8. DIRECTORS’ AND SUBSTANTIAL SHAREHOLDERS’ INTEREST

None of the Directors of and/or major shareholders of Benalec and/or any persons connected with them, have any interest, direct or indirect in the Acquisition and Subscription of GKSB Shares.

9. HIGHEST PERCENTAGE RATIOS

The Acquisition and Subscription of GKSB Shares will not have any impact on any of the percentage ratios of Benalec pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

10. STATEMENT BY DIRECTORS

The Board of Directors of Benalec, having considered the Acquisition and Subscription of GKSB Shares, is of the opinion that it is in the best interest of Benalec Group.

This announcement is dated 12 June 2015.

LBS - Notice of Shares Buy Back Immediate Announcement

Announcement Type: Notice of Shares Buy Back Immediate Announcement

Company Name

LBS BINA GROUP BERHAD

Stock Name

LBS

Date Announced

12 Jun 2015

Category

Notice of Shares Buy Back Immediate Announcement

Reference Number

SB1-12062015-00005

Date of buy back

12 Jun 2015

Description of shares purchased

Ordinary Share of RM1.00 each

Currency

Malaysian Ringgit (MYR)

Total number of shares purchased (units)

25,000

Minimum price paid for each share purchased ($$)

1.600

Maximum price paid for each share purchased ($$)

1.600

Total consideration paid ($$)

40,307.12

Number of shares purchased retained in treasury (units)

25,000

Number of shares purchased which are proposed to be cancelled (units)

0

Cumulative net outstanding treasury shares as at to-date (units)

74,600

Adjusted issued capital after cancellation
(no. of shares) (units)

0

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)

0.01372

MALTON-LA - Others

Announcement Type: Entitlement(Notice of Book Closure)

Company Name

MALTON BERHAD

Stock Name

MALTON-LA

Date Announced

12 Jun 2015

Category

Entitlement(Notice of Book Closure)

Reference Number

ENT-12062015-00008

EX-date

26 Jun 2015

Entitlement date

30 Jun 2015

Entitlement time

05:00 PM

Entitlement subject

Others

Entitlement description

Second Redemption and Cancellation of fifteen per cent (15%) of the 7-year 6% Redeemable Convertible Secured Loan Stocks of Malton Berhad of the aggregate nominal value of RM139,341,169 issued by Malton Berhad on 1 July 2011 of which outstanding amount stood at RM115,503,425 as at 31 May 2015 ("2011/2018 RCSLS")

Period of interest
payment

to

Financial Year End

30 Jun 2015

Share transfer book
& register of members will be

30 Jun 2015 to 30 Jun 2015 closed from (both dates inclusive) for the purpose of determining the entitlement

a.Securities
transferred into the Depositor's Securities Account before 4:00 pm
in respect of transfers

30 Jun 2015

b.Securities deposited
into the Depositor's Securities Account before 12:30 pm in respect
of securities exempted from mandatory deposit

c.
Securities bought on the Exchange on a cum entitlement basis
according to the Rules of the Exchange.

Number of new
shares/securities issued (units) (If applicable)

Entitlement indicator

Percentage

Entitlement in Percentage (%)

15.0000

Par Value

Malaysian Ringgit (MYR) 1.000

Remarks :

Pursuant to the terms and conditions stipulated in the Trust Deed dated 27 May 2011 constituting all the 2011/2018 RCSLS, Malton Berhad shall undertake the second redemption and cancellation of fifteen per cent (15%) of the outstanding nominal value of 2011/2018 RCSLS in the same and direct proportion of the 2011/2018 RCSLS holdings of the RCSLS holders whose names appear in the Record of Depositors of Malton Berhad at the close of business at 5.00 pm on 30 June 2015 ("Book Closure Date"). Please refer to separate announcement on the Notice to the holders of 2011/2018 RCSLS in relation to the above-mentioned redemption and cancellation and Notice of Book Closure Date released on even date for further information. This announcement is dated 12 June 2015.

The total number of 1,094,134,640 Ordinary Shares of RM0.01 each are held as follows:-
1) 993,328,850 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board;
2) 14,791,000 Ordinary Shares of RM0.01 each are registered in the name of Employees Provident Fund Board;
3) 3,500,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI);
4) 834,600 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB);
5) 6,796,900 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AFFIN-HWG);
6) 9,370,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AM INV);
7) 41,803,490 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA);
8) 15,047,700 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI);
9) 1,800,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM);
10) 457,100 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON);
11) 4,850,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN);
12) 355,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ASIANISLAMIC)IC; and
13) 1,200,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHBISLAMIC)IC.
The Form 29B was received by the Company on 12 June 2015.

BORNOIL - Additional Listing Announcement

Announcement Type: Additional Listing Announcement

Company Name

BORNEO OIL BERHAD

Stock Name

BORNOIL

Date Announced

12 Jun 2015

Category

Additional Listing Announcement

Reference Number

ALA-11062015-00024

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ?

No

Types of corporate proposal

Exercise of Warrants

Details of corporate proposal

BORNOIL - Exercise of Warrants 2008/2018

No. of shares issued under this corporate proposal

393,000

Issue price per share ($$)

Malaysian Ringgit (MYR)
0.1000

Par Value ($$)

Malaysian Ringgit (MYR)
0.100

Latest issued and paid up share capital after the above corporate proposal in the following

Units

379,708,032

Currency

Malaysian Ringgit (MYR) 37,970,803.200

Listing Date

16 Jun 2015

AZRB - Interim Dividend

Announcement Type: Entitlement(Notice of Book Closure)

Company Name

AHMAD ZAKI RESOURCES BERHAD

Stock Name

AZRB

Date Announced

12 Jun 2015

Category

Entitlement(Notice of Book Closure)

Reference Number

ENT-11062015-00001

EX-date

15 Jul 2015

Entitlement date

20 Jul 2015

Entitlement time

04:00 PM

Entitlement subject

Interim Dividend

Entitlement description

Single tier interim dividend of 2 sen per ordinary share of RM0.25 each

Period of interest
payment

to

Financial Year End

31 Dec 2015

Share transfer book
& register of members will be

to closed from (both dates inclusive) for the purpose of determining the entitlement

We are pleased to announce that all the resolutions set out in the notice dated 21 May 2015 for the Nineteenth Annual General Meeting of Permaju Industries Berhad have been approved by the shareholders at the said meeting held on 12 June 2015.

On behalf of the Board of Directors of LTKM Berhad ("LTKM"), Hong Leong Investment Bank Berhad wishes to inform that the shareholders of LTKM have approved all the resolutions as set out in the Notice of Extraordinary General Meeting ("EGM") dated 21 May 2015, at the EGM held today.

This announcement is dated 12 June 2015.

YFG - OTHERS YFG Berhad ("YFG" or "the Company") -Imposition of Sanctions against YFG for breach under Section 354(1)(a) read together with Section 369(b)(B) of the Capital Markets and Services Act 2007

Announcement Type: General Announcement for PLC

Company Name

YFG BERHAD

Stock Name

YFG

Date Announced

12 Jun 2015

Category

General Announcement for PLC

Reference Number

GA1-12062015-00053

Type

Announcement

Subject

OTHERS

Description

YFG Berhad ("YFG" or "the Company")
-Imposition of Sanctions against YFG for breach under Section 354(1)(a) read together with Section 369(b)(B) of the Capital Markets and Services Act 2007

Further to the Company's announcement dated 14 May 2015, the Company wishes to update Bursa Malaysia Securities Berhad that the Securities Commission has today granted an extension of two months from 12 June 2015 for the Company to rectify and reissue its Audited Financial Statements for year ended 30 June 2014 and effect other necessary consequential amendments to its financial statements.